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TCP sugar export tender gets no bids
KARACHI: The sugar export tender floated by the Trading Corporation of Pakistan (TCP) has failed to attract even a single bid, mainly due to the condition of a high minimum reserve price of USD660 per metric ton. The state run grain trader, on the directives of the federal government, on September 6, 2026 issued a tender for the export of 107,739 metric tons of imported white refined sugar on an Ex-Works TCP Pipri Godown Karachi basis. The sugar was imported last year to meet domestic demand. However, with the commodity now in surplus, the government planned to export the excess stocks before ...
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